GIDRM aims at strengthening the capacities and skills of decision-makers in the Asia, Southern Africa, and Latin America and the Caribbean (LAC) to address complex and systemic risks by applying the guiding principle of risk-informed development (RID) in key sectors. RID describes an understanding of development that considers multi- faceted, dynamic, interdependent, transnational, simultaneous and systemic risks. Risk-informed development is a continuous process of addressing complexity – and never neglecting it.
In the LAC region, the pandemic has exhausted the existing responsive capacities in many sectors. Besides imposing a severe burden on healthcare systems, the pandemic has entailed many cascading negative impacts in other sectors: Preventive measures of the government to contain the spread of the virus, such as the suspension of services and the interruption of commercial activities, resulted in economic recession, supply shortages and rising unemployment rates and a deterioration of working conditions.In this context, public investment in resilient infrastructure emerges as a sensitive variable for the recovery during and after the Covid-19 pandemic.